India
MERAS Plugins Pvt. Ltd., founded in 2018, is an innovative player in the Electric Vehicle Charging Solutions space. Incubated at IIT Madras, the company's slogan, "Enabling Eco friendly commute,” reflects its commitment to facilitating environmentally sustainable transportation.
The company is headquartered in India and operates in the Industrial, Manufacturing, and Energy Storage sectors. They focus on delivering an all-encompassing charging infrastructure across the nation. Their product portfolio includes reliable smart chargers, fast chargers, and on-demand portable chargers, all designed with robust connectivity and integrated mobile applications to cater to the evolving needs of modern mobility.
In its recent Seed Round on 20 December 2022, MERAS Plugins secured an investment of INR36.30M. Key investors include Bluehill Capital, Ramkumar L., Shailaja Reddy, Kartik Meyyappan, Meera Reddy, and Sivadas Raghava, illustrating growing confidence in their business strategy and market potential.
